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The massive gas leak that spewed uncontrollably for nearly four months drove thousands of Los Angeles residents to pack up and leave their homes, while others rode it out.
In its annual Energy Outlook released Wednesday, BP projected shale gas production around the world will grow 5.6 percent a year, and by 2035, half the growth in shale energy will come from outside the United States.
If Eni goes ahead with the auction, the business could attract private equity firms and utility companies, sources said.
The Oklahoma oil producer said Tuesday it is shifting its center of gravity from natural gas-rich Piceance Basin in Colorado to the oil-heavy Permian Basin in West Texas.
Anchorage Municipal Light and Power and Chugach Electric Association are looking to buy ConocoPhillips’ stake in the Beluga River Unit about 35 miles west of Anchorage.
According to the U.S. Geological Survey, Oklahoma this year has already had more than 90 earthquakes of magnitude 3.0 or greater, which is generally when most people start to feel them.
The Massachusetts Democrat says the decision announced Friday will allow gas to be exported to Canada through the Maritimes and Northeast Pipeline where it will be exported overseas. The pipeline currently flows from Canada into New England.
With a possible end in sight to a massive 15-week gas leak, anxious residents displaced from a Los Angeles neighborhood are skeptical a fix is near and worry they may be forced to return too soon to unhealthy homes.
Oil’s collapse has affected BG less than some of its peers because it’s one of the few producers increasing output as projects start in Australia and Brazil.
LA County’s District Attorney Jackie Lacey filed misdemeanor criminal charges Tuesday against Southern California Gas Co. for failing to immediately report the natural gas leak that has been gushing nonstop nearly 15 weeks.